Solving Problems. Seizing Opportunities.®

Experienced Representation For Tax And Estate Matters

Our attorneys at Norton + Wood are skilled with tax law. Fred Norton has an LL.M. in tax law, is Board Certified in Estate Planning by the Texas Board of Legal Specialization and appears before the U.S. Tax Court.

We understand the complex intersection of tax, estate and asset protection law and how to best leverage each element to protect our clients’ overall interests. If you are a business owner, we can work with you to deal with tax matters, both business and personal, develop a long-term estate plan that maximizes asset protection, minimize taxes, and allows an orderly succession of control of your business to those that matter most in your life.

Tax Law

Tax law is both overwhelming and complex. The Internal Revenue Code consists of more than 1,000 statutory sections and is augmented by more than 10,000 pages of regulations. With tax law, it is not just what you do know, but what you do not know that you do not know, that can lead to business and personal tax issues and disputes.

We have focused a substantial portion of our practice on these complex and sophisticated tax issues. Whether you need to dispute a specific tax controversy within the Tax Court or are looking for more general tax counsel on prospective transactions, we can provide experienced representation and counsel.

Estate Planning And Asset Protection

Estate planning encompasses a broad range of matters from basic wills and advances healthcare directives to complex trust arrangements involving LLCs and other sophisticated estate planning instruments. From complex tools like Family Limited Partnerships (FLP) and Irrevocable Life Insurance Trusts (ILIT) to nonprobate transfers, we can assist in structuring a plan where the discrete parts all function in harmony to produce the result you desire.

Because of our comprehensive knowledge of tax law, estate planning issues and the unique complexities faced by business owners, we can partner with you to develop and continuously update a plan that ensures your goals are met regardless of changes in your personal or business circumstance or those of the larger economy. We know of the importance of coordination between the parts of a comprehensive estate plan, especially where it includes succession planning for a business, and we explain the advantages and disadvantages of each option and allow you to make informed decisions throughout the life of your plan.

Contact The Firm

We can assist with a wide range of these issues and many of our clients return to us over the years as new questions arise. Call our office in Texarkana today at 903-483-7377 or fill out our contact form.